Fee Structure of Direct Plans:

Fees	Hurdle	Performance fees*
0.95% p.a. no variable fees	-	-
0.65% p.a. + variable fees	8%	14% on returns above hurdle

• Comprises of 65% dynamically managed debt across duration and credit & 35% Upswing stocks
• To deviate less from initial capital and generate debt plus returns for FD investors, investors seeking rental yield from property investments and offering a low risk alternative for Hybrid fund investors where the risk is more than perceived